I regularly deal with investor clients who have millions in cash from their real estate investments, as well as large portfolios of real estate owned. 

These deductions can significantly reduce your taxable income and increase your net worth.

We have all the same rules and procedures and use QBO for as our accounting software with all forms of payment accepted- online, ach and regular mail.We encourage communication. 

Maybe even a regular TIC. 

A read some articles that some rents may still be taxable which is fine.

To minimize audit risk, it’s advisable to choose “Other interest” instead of “Mortgage interest” when reporting.Part 2: Forms 1099-INT from Investors to Private LendersForms 1099-INT Explained: Similar to the interest earned on savings accounts, Form 1099-INT outlines the interest that must be included in taxable income.

Tax implications also differ; selling may incur capital gains tax, while rental income is taxable but offset by deductions.There are several factors to consider when deciding if you should sell or keep your property as a rental. 

You can use up to $25k a year of those passive activity losses if you are actively participating in your real estate ventures ("small landlord" exception) and income stays under $100k a year.So yes it can be useful if someone happens to fall under these circumstances, but for anyone who is going to have over $100k a year of retirement / other sourced income, they may be out of luck.It's all timing - you are just using up those PAL earlier than if you waited for the rentals to start producing taxable income (they normally do if it is a good investment), or a property is sold and PAL are released to offset that income. 

If you are a real estate professional, you may potentially be able to buy some rental properties, perform cost segregation studies and eliminate the taxable income.The issue, is in a couple more years, your PM company will likely be more profitable and you will have rental proprties with reduced depreciation, further increasing your tax burden.

Now they spam us on a regular basis trying to sell the same service, but the data at which we are able to look, is no more accurate.In the U.S.A. markets were we dabble, I find them to be a useful service.